Future of tax credits brighter

House, Senate have now both passed bills to restore benevolent credits

5:07 PM,
Feb. 11, 2013

Written by

Jonathan Shorman
JSHORMAN@NEWS-LEADER.COM

The Missouri General Assembly took another step toward restoring several benevolent tax credits that expired in August.

The credits allow taxpayers to claim a tax deduction for donations to qualifying organizations. Among the credits that expired is Children in Crisis, which made donations to charities such as Isabel's House and the Child Advocacy Center tax-deductible.

On Thursday, the House of Representatives passed a bill by Rep. Eric Burlison, R-Springfield, that restores the credits. For a time early in the week, it appeared the bill might be subject to a divided vote as some ...